Higher low, lower high system

Normally I would wait for the reversal-pullback to play out, and then try to re-enter on the short side. In this case, all timeframes are essentially bearish, pointing to further lows.

However, many times these reversals are the beginning of a significant move on the other side, thus the thought whether I should trade them as well.....

My first trade using CRB's. Went short on the LH and exit at the RN, which was always my target. Thanks V. and M.

This is what a reversal pattern looks like... however the problem is the R:R is not good in most cases.. however on some instances the short covering or profit taking occurs fast and rapid giving you profits really quickly and in a short space of time.

I tend to let fibonacci guide me as to where the pull back is likely to find some resistance before the trend continues. Fibonacci is a guide only.

Previous Support in a down move is always going to be a problem area for any pull backs to get past.

Need confirmed HL before any reversal will happen...

If you have right set up don't need to wait for break of 2 point.

CRB's?

Range bars?

Reversal Pattern...

Low probability pattern, however as price gets closer to the Average Daily Range pay attention to these patterns if they present and especially if they present next to a round number.

Great commentary Musashi

If price drops below the high of this candle good chance it will continue to downside.

One thing you need to watch out for when attempting to trade reversal patterns.

Obviously above the high of the resistance candle away it goes.

No-one said trading was easy

No idea how good these indicators are by the way... they look pretty though.

EU 15R chart

Bottom Reversal Pattern... exactly the same as vantage's bottom reversal pattern...

When trading the bottom reversal pattern... ensure you have a good exit and do not attempt to hold onto and hope it keeps going.

Note my exit region on the chart coincides with previous support zones and fibonacci ratios.

Hope these explanation of chart patterns and reasons for exits is helpful.

That about sums it up.

Good Trading to all.

+103 Pips today

+54% Increase in overall Equity.

will study your days posts later M, THANKS FOR SHARING

CRB = constant range bars.

Nice hl but hitting some res at the next level, typically I'd let run and see if it goes or hits BE but Mrs V says more big news coming and +10 is +10 so we've grabbed them.

Nice trading M and also nice one orientos (if I forgot to say earlier).

Out of interest let see if EJ can make this resistance zone around the 50% level previous support zone.

Price action in this region will allow a decent short setup I suspect.

Very nice bottom reversal pattern.

EU is being rejected off of similar region nicely.

Unless you are lucky it'll prob be the most difficult thing you've done!!